Home / Knowledge / News / Apparel/Garments / Bangladesh apparel exports surpass target in July 2014
Bangladesh apparel exports surpass target in July 2014
20
Aug '14
The exports of readymade garments from Bangladesh exceeded the target of US$ 2.465 billion set by the Government for the month of July 2014.

According to the latest report by the Export Promotion Bureau (EPB), Bangladesh’s apparel exports reached US$2.517 billion during the month of July 2014, with an increase of 2.1 percent over the target set for the month.

In July 2014, Bangladesh’s garment exports increased by 0.07 percent to US$2.517 billion, compared to exports of US$2.515 billion made in July 2013.

Segment-wise, woven apparel exports decreased by 4.14 percent to US $1.210 billion during July 2014, as compared to US $1.262 billion worth of exports made in July 2013, whereas knitwear exports increased by 4.32 percent to US $1.307 billion during July 2014, as compared to US $1.253 billion during July 2013.

Knitwear and woven garments together computed for about 84.4 percent of total US $ 2.982 billion worth exports made by the South Asian nation during the month of July 2014.

With the presence of more than 5,000 garment factories that together employ nearly 4.2 million workers, Bangladesh is currently the second-largest garment exporter in the world, next only to China.

To help continuation of the development of the garment industry, the Bangladesh Government has reduced the duty on flex fiber, a raw material used to make the fabrics bright, from 10 percent to 5 percent for fiscal year 2014-15 that began on July 1, 2014. Likewise, the duty on artificial staple fiber was also reduced to 3 percent from the earlier 5 percent.

Fibre2fashion News Desk-India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search